Gaming infrastructure startup Parasol has confirmed that SEGA-licensed CODE OF JOKER: EVOLUTIONS by Jokers Incorporated is coming to Sui.
Parasol is a subsidiary of Mysten Labs and an end-to-end platform enabling game developers to integrate blockchain infrastructure into games. Its team is comprised of Japanese and American gaming veterans.
The CODE OF JOKER is a popular digital trading card game released by SEGA Corporation more than a decade ago, in 2013. Therefore, CODE OF JOKER: EVOLUTIONS is the latest release in the series. The game will be released on iOS, Android, and Web at the end of summer of 2025.
According to the press release, these digital trading cards are now coming onchain. The move will allow the players to prove digital ownership. Also, they’ll be able to trade and showcase their collections, all powered by Sui.
“When we met the Parasol team a year ago, it quickly became clear that they shared our belief that gaming will be at the forefront of Web3 transformation,” says Evan Cheng, CEO and Co-Founder of Mysten Labs. He argues that gamers will be among the first to adopt the decentralized economy.
“With its wide span of SEGA Corporation IPs, CODE OF JOKERS: EVOLUTIONS is the perfect first collaboration between classic gaming IP and blockchain-powered gaming,” Cheng opined.
Furthermore, Parasol CEO Kai Chen says that the team’s work with the game is “a labor of love.” The team grew up on classic Japanese gaming, he added.
Chen argues that Sui is the only chain that can provide the technical support required by Parasol’s gaming partners. “We’re very grateful for Jokers’ Inc. and Sega’s support in our flagship endeavor.”
He notes that “there’s much more to come” from this partnership.
Major Japanese Character IPs Coming to Sui
Takashi ‘Gin’ Mizouka, co-founder of Jokers Inc., commented that the company has already secured multiple licensing agreements with major Japanese character IPs.
All these will be coming to Sui, “further expanding the Web3 gaming landscape,” he said.
He added that this is just the beginning and the first of many collaborations with Parasol.
Jokers Inc. is led by former SEGA producers Yasuhiro Nishiyama, who produced titles such as Sangokushi Taisen and CODE OF JOKER, and Wataru Sato, who produced Bakugan.
“From our first conversation on what a digital experience of CODE OF JOKER: EVOLUTIONS would look like,” Mizouka said, “we knew that we wanted to match the physical feeling of opening a new card pack.”
The company wants to leverage blockchain to create a future where digital trading cards can be exchanged just like physical trading cards, removing the border between the digital and physical card game worlds, the press release said.
Meanwhile, on 7 March, Mysten Labs, the original contributor to Sui, announced the acquisition of Parasol. With this deal, Parasol has brought its many gaming partners to Sui.
The team explains that Parasol offers simple-to-use REST APIs so that developers can seamlessly implement key functionalities. These include in-game item tokenization, marketplaces, and on-chain gameplay. All of this is now available exclusively on Sui.
Notably, Mysten Labs is working on SuiPlay0X1, a hardware device capable of playing Web2 and Web3-powered games, in partnership with Playtron OS.
Meanwhile, SUI is currently trading at $2.23. It’s down 2% in a day, 20% in a week, and 30% in a month.
Its price has increased by 40% over the past year.
Additionally, it hit its all-time high of $5.35 in January 2025, falling 58% since.
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